In today’s market, finding the right car deal can be like navigating a labyrinth. However, that’s not always the case as some vehicle manufacturers offer exclusive discounts to employees and even their friends. In this write-up, we are going to talk about the Ford Family and Friends Discount, which is a program created by Ford to provide special pricing on new vehicles.
The X-Plan (Ford Family and Friends Discount) allows members to access pre-negotiated prices for new cars, trucks, as well as SUVs made by Ford motor company. These prices are what Ford sells its vehicles to suppliers at hence they are significantly cheaper compared with sticker prices.
This guide provides all necessary information needed about Ford family & friends pricing plan including who qualifies, how one becomes eligible for savings offered under this scheme and What Is The Ford Family And Friends Discount? plus other important details associated with applying it while purchasing new vehicles from Ford motor company.
Eligibility Requirements of The Ford Family And Friends Pricing Plan
Now that we know what X-Plan means in relation to Ford vehicles, let us find out who can benefit from such an exciting deal.
A. Who is qualified for the discount?
Here are those entitled to receive X-Plan discounts:
- Current Ford Employees: These are full-time salaried staff and regular wageworkers on temporary basis.
- Retirees: Former Ford retirees under specified pension plans also qualify for this program provided they meet certain criteria.
- Surviving Spouses: In some cases, a wife or husband whose partner has died while still being eligible may use it too.
Besides, eligible individuals can extend such savings privileges to;
- Immediate family members: Typically includes husbands, wives, sons, daughters, fathers & mothers (parental rights) plus brothers & sisters among others.
- Friends or Neighbors: Any friend or neighbor wishing to purchase new Ford vehicle is considered as long as he/she gets PIN code from authorized employee/retiree who qualifies him/her accordingly.
NB: Specifics of eligibility may differ depending on job status and relationship with qualifying current/retired worker at any local Ford dealer is the best place for accurate information regarding this matter.
B. Relationship requirements for friends and family members
Relatives or acquaintances given PINS by their eligible relatives or former colleagues will be able access X-plan pricing but sometimes there might need additional documentation like marriage certificates/birth certificates etcetera so as prove kinship ties between these parties involved here.
C. Limitations and restrictions
There are few things one should know about Ford’s X plan which include the following:
- Only applicable on new cars; This offer does not cover used Fords
- Quantity restrictions: Each year, employees or retirees who are eligible can only generate certain number of PINs for their friends and family.
- Dealership flexibility: Although the X Plan provides pre-negotiated prices, dealerships may have some room to give additional incentives or add-ons.
Note: The program can change over time. Therefore, it’s important to check with a Ford dealership for the latest information on eligibility requirements and any restrictions that may apply at the time of purchase.
How does Ford Family and Friends Discount work?
Knowing What Is The Ford Family And Friends Discount? and its working is essential if you want to save as much money as possible. In this section we will explain what it is, how to get one and other benefits included with this program.
A. Explanation of discount structure
The X-Plan does not offer a flat percentage off like some other employee pricing programs do; instead it gives access to lower than MSRP pricing which has been negotiated beforehand by Ford themselves called “pre-negotiated” price. These savings vary depending on what kind of model from Ford you decide to go with but typically they range between 4-10% off of sticker price.
Here is an example table:
| Scenario | Description |
|---|---|
| MSRP | The manufacturer’s suggested retail price for the new vehicle |
| X-Plan Price | A special discounted rate set by Ford Motor Company usually below MSRP |
| Your Savings | The difference between these two amounts represents your potential discounts when utilizing this particular benefit option |
Example: Suppose I am looking at buying a brand new 2020 Ford Escape which has an MSRP value listed at ₹25,00,000; If I were able to negotiate my way down using X-plan then let’s say we were able come up close around ₹22 lakh rupees as our final agreement price- this would save me ₹3 lakh rupees!
Note: The actual amount saved will vary depending on your specific vehicle and current market conditions.
B. Process of getting the discount
Here are the steps to follow in order take advantage of this pricing structure:
- Obtain A PIN – If you have a friend or family member who is an eligible employee/retiree then ask them for one because that person can generate only limited number each year but usually they do not use all so if someone need it; they will surely give it away according their relation level with requester like close friend will get priority over others etc..
- Find a dealership participating in X Plan Program – Not every single dealer does participate however majority should be included so check out official website or contact nearest Ford branch office near you.
- Present Your Pin At Dealership – When selecting desired Ford models discuss with sales consultant about your intention on using X plan during initial meeting itself because there might be some additional document required by dealer side i.e.; proof eligibility (such as ID card) which also good idea bring along copy driver license too just case anything happens later.
- Finalize Purchase – After applying X-Plan discount, dealer complete other necessary formalities related purchase agreement completing remaining payments etc..
Pro Tip: Look up fair market value before going dealership; It helps lot while doing negotiation with dealerships about pricing of vehicles in which you’re interested purchasing.
C. Additional Incentives And Perks
Although benefits provided under X Plan are already quite generous, some branches may provide extra rewards when combining different schemes or financing options together like:
- Manufacturer rebates: Ford currently has multiple rebate offers running simultaneously which stacks with friends & family program for even more savings.
- Dealer incentives: Sometimes individual dealers offer their own discounts certain models only thus reducing overall cost considerably.
- Finance deals: Banks partnering with Ford offer low interest rates on loans for selected period of time making it easier afford brand new car straight from the factory floor to road.
Remember to ask if there are any other incentives available at the dealership so as to maximize your savings.
Don’t forget: It’s smart to haggle with the dealer for the best price on any car, even one you’re buying through the X-Plan.
Conclusion
To sum up What Is The Ford Family And Friends Discount? The Ford Family and Friends Discount offers individuals the opportunity to purchase vehicles at a special discounted rate known as the X-Plan Price, which is typically below the manufacturer’s suggested retail price (MSRP).
This benefit allows for significant savings, with the difference between the MSRP and the X-Plan Price representing potential discounts for eligible buyers. It’s a valuable program offered by Ford Motor Company, providing a cost-effective option for friends and family members associated with the company.
